I believe the final 5 waves (Wave C of the Flat) are an Ending Diagonal (sequence 3-3-3-3-3). Ending Diagonals ONLY occur in Wave C or Wave 5. Per Elliott, Wave 4 of an Ending Diagonals ALMOST ALWAYS enters the price territory of preceding Wave 1, but cannot surpass/extend above the ending point of Wave 2. -- Don't give up on the bear count unless SPX rises above Wave 2 (mine is around $2682)!
Because all Ending Diagonal Waves move in ZigZag patterns, I'm expecting Wave 4 (of Wave C of the Flat Correction) to turn downward next week January 16/17th. The counting of this Wave C is difficult, if I've done it correctly, today was the completion of Wave 4 of Wave C within Ending Diagonal Wave 4 (of Wave C of the Flat Correction).
here was the reference I found....